New chief executive at Austria’s Valida to focus on Vorsorgekassen

first_imgHe also stressed that the company “would be ready” should demand increase in the Austrian occupational pensions market.For the Vorsorgekasse, Eberhartinger said he wanted to invest in a sales strategy, as this was a market “guaranteed to grow”.In Austria, each employer must pay part of an employee’s salaries into a Vorsorgekasse, or provident fund, to provide for a future severance payment upon leaving the company.Eberhartinger was appointed to Valida’s board of directors last year to assist with a revamp of its administration.Last week, it was announced that former chief executive Andreas Zakostelsky would focus on his political role as an MP and his position as head of the Pensionskassen association FVPK.New chief executive Eberhartinger is to focus on the Pensionskassen and consultancy side of the business.He will share the board with Albert Gaubitzer, who will focus mostly on the Vorsorgekassen business and IT.Eberhartinger told IPE his new job was a “completely new role”.“So far, I have always built pension fund businesses from scratch, but now I have to streamline an existing pension fund business,” he said.Eberhartinger said a wide-ranging “streamlining” process, taking “at least 3-5 years to complete”, would cover the actuarial accounting of individual pension portfolios of a company.Currently, this is handled by four different people, depending on how a client comes to Valida – via a direct sale, for example, or as a former consultancy client that transfers its pension fund.The new strategy will require new client-relationship management, Eberhartinger said, to ensure a “single face to the customer” policy.The new chief executive confirmed that, over the long term, his aim was to integrate Valida’s two Pensionskassen – one being the former Siemens Pensionskasse now known as Valida Industrie – into a single entity.He also wants to exploit more “synergies” with Valida shareholder Raiffeisen, “where it is reasonable and cheaper”, which will also mean representatives will hold seats on the supervisory board of Valida subsidiaries.The chairs on the supervisory boards of the Valida subsidiares vacated by Zakostelsky will, however, be filled by Eberhartinger and Gaubitzer themselves, respectively.Click here to read more about the scramble for Vorsorgekassen clients Direct sales activities will be scaled back for Valida Vorsorge Management’s Pensionskassen business as part of a re-structuring, according to Stefan Eberhartinger, the group’s new chief executive.  Valida Vorsorge Management is the holding comprising the Valida Pensionskasse, the Valida Vorsorgekasse and a consultancy.Speaking with IPE, Eberhartinger said: “The market is currently too small, and active sales produce too little margins.”He confirmed that Valida would continue to take part in tenders, however, and serve clients who come to the group.last_img read more

Sevilla star voted best La Liga signing for 2019-20 campaign

first_img Over 120,000 fans cast their votes to name the best arrival in Spanish football this season, with the Argentine collecting a whopping 38 percent of the vote. Sevilla star Lucas Ocampos has been comprehensively voted the best signing in La Liga for the 2019-20 season in a poll conducted by Marca.Advertisement Loading… Read Also: Chelsea ponder move for Barcelona shot-stopperHe also provided one of the moments of the season in Sevilla’s win over Eibar this month, as he scored the only goal of the game before ending the match as an emergency goalkeeper and saving from Eibar shot-stopper Marko Dmitrovic in a dramatic finale.Ocampos has already had somewhat of a nomadic playing career across River Plate, Monaco, Genoa, Milan and Marseille, but his form this season has exceeded that of any club beforehand in his career.FacebookTwitterWhatsAppEmail分享 center_img Ocampos romped to victory with Real Madrid left-back Ferland Mendy picking up 18 percent of the vote in second place, ranking ahead of his Sevilla teammates Diego Carlos and Jules Kounde and Barcelona midfielder Frenkie de Jong.The 26-year-old netted 14 goals and provided three assists in 33 La liga appearances for the Andalusian club this campaign and has thrived since joining from Marseille in a €15m deal last summer. Promoted ContentTop 7 Best Car Manufacturers Of All TimeBirds Enjoy Living In A Gallery Space Created For ThemEverything You Need To Know About Asteroid Armageddon6 Secret Origin Stories Of Modern Mouth-Watering MealCouples Who Celebrated Their Union In A Unique, Unforgettable WayThe Models Of Paintings Whom The Artists Were Madly In Love WithWorld’s Most Delicious Foods7 Facts About Black Holes That Will Blow Your MindWhat Is A Black Hole In Simple Terms?Best Car Manufacturers In The WorldThis Nation Is Almost Impossible To InvadeThe 10 Best Secondary Education Systems In The Worldlast_img read more

OG Anunoby health update: Raptors forward will be active for Game 2

first_img NBA Finals 2019: Draymond Green, Drake clear air over dinner after heated exchange NBA Finals 2019: Steve Kerr and Warriors confident despite deficit Anunoby averaged 7.0 points and 2.9 rebounds in 20.2 minutes per game in 2018-19. His greatest strength, however, is his defensive versatility. His 7-6 wingspan and quickness will only improve Toronto’s ability to guard Golden State’s perimeter threats. He could also help Kawhi Leonard get some rest by serving as the star’s primary backup, like he did during the regular season.”Just be able to switch on defense, and offensively to be able to shoot and pass,” Anunoby said about his potential role in the series.The Raptors claimed a 118-109 victory in Game 1 to secure a 1-0 lead over the two-time defending champion Warriors. Game 2 will tipoff at 8 p.m. ET at Scotiabank Arena. OG Anunoby is nearing his return to the court.Raptors coach Nick Nurse told reporters the second-year forward will be active for Game 2 of the NBA Finals against the Warriors on Sunday. But he may not play in the matchup, Nurse said. NBA Finals 2019: Kawhi Leonard describes Raptors’ season, fans as ‘special’ Nick Nurse confirms what he’s already said previously: OG Anunoby will be active tonight. Downplays how much of an impact he will have … makes it seem like he is very unlikely to play tonight.— Tim Bontemps (@TimBontemps) June 2, 2019The 21-year-old forward was upgraded to questionable for Game 1 but didn’t appear in that contest. He hasn’t played since undergoing an emergency appendectomy in mid-April.”(Not being able to play) is boring,” Anunoby told reporters last week. “But, you can’t control it.” Related Newslast_img read more